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According to the public record, Flat 5, 289, Rainham Road, Rainham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 558 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 289, Rainham Road, Rainham is £204,719 and the estimated rental value is £1,357 per month.
The apartment is within 289, Rainham Road, Rainham, RM13.
Rainham Road, Rainham, RM13 is located in the borough of Havering within the RM13 postal district.
Flat 5, 289, Rainham Road, Rainham has 41 entries in the Land Registry , most recently in February 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 5, 289, Rainham Road, Rainham is in very good condition we estimate a sale value of £214,955 and a rental value of £1,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,389 and a rental value of £1,262 per month.
Over the last 12 months the sale value of Flat 5 289 Rainham Road Rainham has increased by an estimated £2,490 (1.2%) and its rental value has increased by an estimated £41 per month (3.0%), giving an expected gross yield of 8%.
According to HM Land Registry, Flat 5, 289, Rainham Road, Rainham was last sold on 17th February 2009 for £100,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since February 2009, the market for similar properties has risen 95.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 289, Rainham Road, Rainham within a radius of 700 metres over the last 2 years.
The most recent example is Flat 4, 289, Rainham Road, Rainham, RM13 7SH, a leasehold flat which sold for £195,000 on the 7th November 2024.
Read more about house prices in RM13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainham Road, Rainham, RM13 has a total of 276 addresses. According to our analysis of all the public data, Flat 5, 289, Rainham Road, Rainham is the 258th largest and the 262nd most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in RM13.
The nearest school is The Brittons Academy which is 522 metres away. The nearest train station is Dagenham East which is 1.6 kilometres away.
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